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Mill Steel Co. Acquires Assets of S&S Steel Services, Inc.
February 02, 2016 9:03

Latest Acquisition Enables Mill Steel to Increase Steel Distribution Throughout the Midwest and Mid-South United States

As Many as 20 Jobs to be Created at Anderson, Indiana Location

Mill Steel Co., one of the nation's largest distributors of flat-rolled carbon steel, has expanded its product breadth and geographic presence with the acquisition of certain assets of S&S Steel Services, Inc. (S&S), an Indianapolis/Anderson based supplier of carbon flat-rolled steel services serving a broad array of manufacturing customers in the Midwest, Mid-South and Mid-Atlantic United States. Terms of the deal, which closed on January 11, 2016, were not disclosed.

Mill Steel will continue steel slitting and cut-to-length processing operations and certain members of the company's leadership and commercial teams will remain in place. Mill Steel expects to create as many as 20 sales and production jobs at its approximate 215,000-square-foot Anderson, Indiana processing facility. Furthermore, in the coming months, Mill Steel plans to increase the existing production and distribution capability with the installation of additional processing equipment.

The strategic acquisition will support Mill Steel's growing automotive, construction, home appliance, agriculture, and HVAC business in the southeastern United States and Mexico.

Mill Steel Chairman and CEO, David S. Samrick said the acquisition is a mutually beneficial transaction for Mill Steel and S&S’ employees, suppliers, and customers.

 
Mill Steel Co. Consolidates Steel Structural Products’ Louisville Operations onto its Jeffersonville, Indiana Footprint
February 02, 2016 5:37

Steel Structural Products’ Steel Framing and Accessory Manufacturing to Relocate to Jeffersonville, IN As Many as 40 Jobs to be Brought to Jeffersonville, Indiana

Mill Steel Co., one of the nation's largest distributors of flat-rolled carbon steel, has decided to consolidate its Steel Structural Products Louisville steel framing manufacturing operations and related corporate office to its Ports of Indiana, Jeffersonville service center footprint. Once complete it is expected that all 40 jobs will relocate to the Ports of Indiana, Jeffersonville area. Steel Structural Products expects to complete the move by the end of March 2016.

This move will greatly enhance the efficiencies associated with Steel Structural Products manufacturing of steel framing and accessories as well as enable it to receive substantial freight cost savings and enhanced truck availability given the established Mill Steel service center operations reside on the Ports of Indiana, Jeffersonville. Mill Steel’s service center growth and success on the Ports of Indiana, Jeffersonville footprint has exceeded all expectations to date and eagerly awaits the addition of the new manufacturing operations. Steel Structural Products’ move to Jeffersonville enables it to leverage Mill Steel’s:

- Processing services

- Inbound rail and barge material flow

- Freight carrier network

This will in turn enhance its service and delivery capabilities to its distribution customers.

Mill Steel Chairman and CEO, David S. Samrick, said the consolidation of Mill Steel’s Steel Structural Products manufacturing operations not only brings efficient material procurement, manufacturing and logistics opportunities, but also brings Steel Structural Products operating and commercial personnel closer together with Mill Steel’s team.

 
Mill Steel Co. announced as a 2015 Platts Global Metals Awards Finalist…for the second year in a row!
April 05, 2015 8:44

The Platts Global Metals Awards is a highly competitive awards program honoring excellence and accomplishments in the global metals industry. The Awards highlight individual and corporate innovation, leadership, and superior performance in several categories spanning the entire steel, metals and mining industries.

Mill Steel is proud to be named finalist in three categories this year: CEO of the Year, Metals Distributor of the Year, and Corporate Social Responsibility.

The CEO of the Year award is presented to those who have consistently demonstrated clarity of vision, judgment and motivational skills. Finalists for this award are seen as highly respected and admired by peers, competitors and employees, trusted by investors and welcomed by the community. This award recognizes an individual who has taken decisive action when confronted with challenges.

The Metals Distributor of the Year is presented to businesses – service centers, traders and transportation firms – that consistently add value to their links in the commodities chain. Their success is defined by superior customer service, inventory turns that significantly outpace their peers, meeting quality targets and exhibiting a commitment to both safety and the bottom line.

The Corporate Social Responsibility Award recognizes the important convergence of company values with profitability. It is a voluntary commitment that motivates employee morale, and is a key determinant of a company’s character. The finalists are seen as high-performing organizations that have demonstrated their positive influences on surrounding communities, and encouraged active employee participation beyond mere financial contributions.

Visit Platts Global Metals Awards website for more information about the finalists, the awards criteria, the judging process and the awards program.

 
Mill Steel Co. named as a West Michigan 2015 Best & Brightest Company to Work For!
April 05, 2015 10:37

Mill Steel Company has been awarded as one of West Michigan’s 2015 Best & Brightest Companies to work for by the Michigan Business and Professional Association (MBPA). This award is presented to more than 100 West Michigan organizations that are recognized for their best practices in human resources and a commitment to employee enrichment. This is Mill Steel’s 11th year receiving this recognition.

“These companies have created impressive organizational value and business results through their policies and best practices in human resource management,” commented Jennifer Kluge, president of MBPA. “This award has become a designation sought after by hundreds of West Michigan area companies and is a powerful recruitment tool in the drive to attract and retain exceptional employees.”

This year’s Best and Brightest Companies to Work For will be honored on May 7th in Grand Rapids at the JW Marriott. The region’s winners will also compete for 12 elite awards and a Best of the Best Overall award, which will be presented during the annual symposium.

 
Congratulations to our CEO David Samrick! Metal Center News: 2014 Service Center Executive of the Year
April 05, 2015 10:43

Each year, Metal Center News — a leading trade publication, distinguishes an individual who serves as a model for the rest of the industry. This recognition transcends metrics such as sales, growth, or number of facilities, and is awarded to an executive whose career, business practices, and character exemplify true leadership. Mill Steel is proud to announce David Samrick as Metal Center News: 2014 Service Center Executive of the Year. Read more about how David has taken team building to a whole new level.

Click here for the full article